ETF. Unless you have financed your Device by entering into a Device Payment Agreement, your monthly obligation to Verizon for the Applicable MTN will continue for a period of 2 years (the “Term”). In the event that the Applicable MTN is deactivated prior to the end of the Term due to non-payment or otherwise, you will be subject to an Early Termination Fee (the “ETF”). The ETF for Advanced Devices begins at $350 and the ETF for all other devices begins at $175 with each declining in accordance with the Verizon schedule over the course of the Verizon Agreement.
Appears in 3 contracts
Sources: Cs Activation Agreement, Cs Activation Agreement, Cs Activation Agreement